Segment Information

9 Months Ended

Sep. 30, 2013

Segment Information [Abstract]

Segment Information

Note I: Segment Information

The Company’s Chief Executive Officer and management regularly review financial information for the Company’s three discrete operating segments. Based on similarities in the economic characteristics, nature of products and services, production processes, type or class of customer served, method of distribution and regulatory environments, the operating segments have been aggregated for financial statement purposes and categorized into three reportable segments:  Intersection, Highway and License Plate Recognition (“LPR”). Autoscope® video is our machine‑vision product line, and revenue consists of royalties (all of which are received from Econolite), as well as a portion of international product sales. Video products are normally sold in the Intersection segment. The Autoscope radar is our radar product line, and revenue consists of royalties (all of which are received from Econolite), as well as a portion of international sales. Radar products are normally sold in the Highway segment. Autoscope license plate recognition is our LPR product line.  All segment revenues are derived from external customers. 

Operating expenses and total assets are not allocated to the segments for internal reporting purposes.  Due to the changes in how we manage our business, we may reevaluate our segment definitions in the future.

The following tables set forth selected unaudited financial information for each of our reportable segments (in thousands):

	Three Months Ended September 30,
	Intersection				Highway				LPR				Total
	2013		2012		2013		2012		2013		2012		2013		2012
Revenue	$	3,586	$	4,980	$	2,794	$	1,056	$	1,361	$	1,141	$	7,741	$	7,177
Gross profit		3,058		4,440		1,238		469		501		407		4,797		5,316
Amortization of intangible assets		—		—		122		192		206		217		328		409
Intangible assets		—		—		1,778		1,603		4,409		5,306		6,187		6,909
	Nine Months Ended September 30,
	Intersection				Highway				LPR				Total
	2013		2012		2013		2012		2013		2012		2013		2012
Revenue	$	10,293	$	12,021	$	4,409	$	2,430	$	5,122	$	3,691	$	19,824	$	18,142
Gross profit		8,963		10,686		1,669		1,058		2,681		1,905		13,313		13,649
Goodwill impairment		—		—		—		1,372		—		1,803		—		3,175
Amortization of intangible assets		—		—		367		576		642		651		1,009		1,227
Intangible assets		—		—		1,778		1,603		4,409		5,306		6,187		6,909